Howard Schultz, the former Starbucks CEO, threw his hat into the ring of 2020 presidential contenders with a call to confront the nation's debt problems. But former Obama administration official Jason Furman told CNBC the billionaire's got it wrong.

Experts say Schultz — who already was facing long odds of winning by saying that if he runs for the White House in 2020 it will be as an independent — hurt his chances during the week even further with a series of unforced errors.

Marc Morial, CEO of National Urban League, and Joe Watkins, former White House aide to President George H.W. Bush, discuss Foxconn's potential Wisconsin plant and the 2020 presidential race with CNBC's "Power Lunch" team.

Taco Bell is one of the most popular fast food chains in the United States with roughly 6,500 stores across the country. But while it's had tremendous success at home, Taco Bell has had a lot more trouble finding a following abroad.

Larry Summers, who served as Treasury Secretary under President Bill Clinton and as director of the National Economic Council for President Barack Obama, says he'd rather investigate other changes before moving "into whole new areas of taxation."

The former Starbucks CEO and independent presidential hopeful offered an early glimpse Wednesday of his healthcare platform. Similar in many ways to Obamacare, Schultz's proposals could also be vulnerable to the same stumbling blocks.

Taco Bell is one of the most popular fast food chains in the United States with roughly 6,500 stores across the country. But while it's had tremendous success at home, Taco Bell has had a lot more trouble finding a following abroad.

CNBC's Robert Frank reports on the heckler that interrupted an interview with Andrew Ross Sorkin and former Starbucks CEO Howard Schultz. Schultz has announced he is considering a presidential run in 2020. Dan Primack of Axios joins the conversation about Schultz and a potential presidential bid as an Independent.